TMG Partners has been in the business of developing award-winning, financially-successful, community-based real estate for 35 years. As much as we have accomplished over the last three decades, we believe it is the way we THINK about our region, the risks we manage, the critical timing of our projects and the value we create that sets us apart.

Localism

Real Estate is
a local business.

No, really.

We don’t fly in. We live here.

David CropperDirector of Development

The San Francisco Bay Area is an extremely diverse real estate marketplace with countless micro-business climates teeming with possibility. But you have to be here—and know here—to make the most of the opportunities all around us. Having been exclusively committed to the Bay Area for over three decades, we have developed a keen local intuition which gives us a unique advantage in recognizing both the opportunities and risks in this complex market.

Regionalism

We Think Mega

If we try to solve our land use problems by focusing only on the nine Bay Area counties, we will fail.

Michael CovarrubiasChairman & CEO

As the Bay Area’s economy has grown over the last three decades, so too has its challenges—particularly related to transportation, housing, affordability and climate change. To plan for growth of 4 million more people in the next third of a century, TMG is thinking bigger, beyond our nine Bay Area counties, and working on longer term strategies to create greater connectivity across our entire megaregion.

Timing

It’s got to work at low tide as well as high tide.

Some of our best deals are the ones we didn’t do.

Matt FieldChief Investment Officer

Almost anyone can make money in a positive economic climate. But it takes discipline, depth of market knowledge and experience in all major product types to know when to buy and when to sell. The most profitable deals can be the ones you decide just don’t make sense or are outbid by an “out of town” competitor. Because we are active in our markets on a daily basis, TMG Partners has managed a portfolio through 35 years of market cycles that works in all phases and has withstood the sands of time.

Vision

huh?

Once it’s obvious, it’s too late.

Cathy GreenwoldSenior Advisor

If you wait for the statistical proof to confirm real estate opportunities, you’re looking backwards. TMG Partners has cultivated an approach to studying the business landscape that reveals market opportunities before they become obvious. Our contrarian investment strategy balances optimism and caution with the intent of turning forward-looking investments into no-brainers.

Returns

Redefining IRR

Our measure for success goes beyond profit.

Lynn TolinChief Operating Officer

Most investment professionals have a clear understanding of IRR: Internal Rate of Return, a purely financial measurement of performance. At TMG we use a different definition. For us, IRR means balancing Integrity, Relationships and Results. We measure every aspect of our business through this lens to ensure our partners, communities, tenants and buyers are treated with the highest degree of respect and responsibility while we consistently deliver superior financial performance.

Two Bay Area redevelopment projects have secured additional funding from the state's Catalyst Projects for California Sustainable Strategies Pilot Program.

The projects include TMG Partners' Emeryville Marketplace, a redevelopment of an existing retail and office complex in Emeryville, and San Francisco's Mission Bay, a massive redevelopment of 303 acres of industrial land into housing, office and biotech space, that will each receive $1.35 million for being designated gold level projects.

The Catalyst program designates projects that involve transforming a neighborhood into walkable, transit-oriented communities. The pilot program selected 13 projects statewide, including Emeryville Marketplace, Mission Bay, and Anderson Pacific's Bayfront Transit Village in Hercules as the only Bay Area projects in the group.

"These Catalyst Projects are great examples of how to build sustainable, economically vibrant communities," said Lynn Jacobs, director of the California Department of Housing and Community Development, the agency that handles the Catalyst program. "This pilot program will provide valuable insights to allow the State and regions to implement best practices and strategies. Walkable communities, improved air quality, reduced emissions, less time spent in a car and a strong economy can all become reality through sustainable development."

The program received a total of $9.3 million from Prop. 1C, the state's $2.35 billion fund for in-fill and transit oriented projects, and divvied up that money among 10 of the projects which were designated as gold or silver level. The Hercules project made the bronze level and did not receive funding.

Emeryville Marketplace will include up to 1 million square feet of office, housing and retail space to be built over the next 25 years.

TMG expects to break ground in 2011 on a 190-unit, five-story apartment building at the corner of 64th Street and Christie Avenue. The building has received a $5 million remediation grant from the California Pollution Control Finance Authority and $5.35 million from the City of Emeryville Housing Set Aside Assistance.